[Answered] National income is defined as gross national product minus a. depreciation and net taxes. b. ...

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bucstennis@aim.com

Hero Member
Posts: 532

on: Jun 30, 2018

National income is defined as gross national product minus

a. depreciation and net taxes.
b. national income.
c. depreciation.
d. personal disposable income.

Question 2

In determining the benefit of additional investment to the representative firm, we consider the marginal product of

A) current capital.
B) future capital
C) current labor.
D) future labor.

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Marked as best answer by a Subject Expert

wshriver

Sr. Member
Posts: 318

Reply #1 on: Jun 30, 2018

Answer to Question 1

A

Answer to Question 2

B

bucstennis@aim.com

Member
Posts: 532

Reply 2 on: Jun 30, 2018

Excellent

robbielu01

Member
Posts: 336

Reply 3 on: Yesterday

TYSM

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